Publisher's Synopsis
This book makes a significant contribution to the ongoing debate over the nature and implications of the Japanese system of corporate organisation and finance. Recently much academic and policy interest has focused on Japan's distinctive forms of corporate organisation, known as keiretsu, involving loose but durable interfirm ties in financial, supply and distribution markets. This volume investigates the implications that these corporate systems have for Japan's economic performance and for its interactions with the rest of the world, and how the system itself is changing in response to internal and external factors.